Aurora Spine Corporation
TSX VENTURE : ASG

Aurora Spine Corporation

October 23, 2014 09:01 ET

Aurora Spine Announces Expansion of U.S. Hospital Network Through Agreement With MedAssets

CARLSBAD, CALIFORNIA--(Marketwired - Oct. 23, 2014) - Aurora Spine Corporation (TSX VENTURE:ASG) announced it has entered into a national contract with MedAssets. MedAssets is one of the nation's largest third-party providers of supply chain management and outsourced procurement capabilities. MedAssets manages, on behalf of its clients, more than $50 billion in supply expense per year through the MedAssets National Procurement Center.

"MedAssets serves four out of five U.S. hospitals, 180 health systems, more than 4,400 hospitals and 122,000 non-acute healthcare providers," said Brent Johnston, Chief Business Officer for Aurora Spine. "Aurora is excited to offer our product lines which include the recently launched Ti-NANO™ MIS interbody fusion systems and our line of Zip™ MIS Interspinous Fusion systems through the MedAssets network. This relationship will make our MIS products available to more patients looking for innovative spinal fusion technology."

Aurora Spine's product portfolio is immediately available to MedAssets' network of hospitals, medical care facilities and surgeons.

About Aurora Spine

Aurora Spine is an early stage company focused on bringing new solutions to the spinal implant market through a series of innovative, minimally invasive, regenerative spinal implant technologies.

Forward-Looking Statements

This news release contains forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurora Spine, including, without limitation, those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Information" in Aurora Spine's final prospectus (collectively, "forward-looking information"). Forward-looking information in this news release includes information concerning the proposed use and success of the company's products in surgical procedures. Aurora Spine cautions investors of Aurora Spine's securities about important factors that could cause Aurora Spine's actual results to differ materially from those projected in any forward-looking statements included in this news release. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may be forward-looking and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ unilaterally from those expressed in such forward-looking statements. No assurance can be given that the expectations set out herein will prove to be correct and, accordingly, prospective investors should not place undue reliance on these forward looking statements. These statements speak only as of the date of this press release and Aurora Spine does not assume any obligation to update or revise them to reflect new events or circumstances.

Contact Information

  • Aurora Spine Corporation
    Trent Northcutt
    President and Chief Executive Officer
    (760) 424-2004

    Aurora Spine Corporation
    Eric Fronk
    Chief Financial Officer
    (760) 424-2004
    www.aurora-spine.com